Graphano Energy (CVE:GEL) Sets New 1-Year Low – Time to Sell?

Graphano Energy Ltd. (CVE:GEL – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 88361 shares traded. The stock had previously closed at C$0.09.

Graphano Energy Price Performance

The stock has a fifty day moving average of C$0.11 and a 200-day moving average of C$0.13. The stock has a market capitalization of C$1.95 million, a price-to-earnings ratio of -1.76 and a beta of 0.24.

About Graphano Energy

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Graphano Energy Ltd., a mining company, focuses on the evaluating, acquiring, and developing graphite resources in Canada. The company holds a 100% interest in the Lac Aux Bouleaux Graphite property located in Quebec; and Dudley and Lac Vert-Bouthillier graphite project. It also holds an option agreement to acquire 100% interest in the Standard Graphite Mine. The company was incorporated in 2020 and is based in Toronto, Canada.

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